2636 Strand Way
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2636 Strand Way

D

San Diego, CA 92109

$4,999,000

Soft Appraisal Value: $4,851,700 · 3.0% above estimate

Beds

4

Baths

5

Sqft

2,626

Year Built

2007

Days on Market

51

Property Type

Single Family

HOA/mo

N/A

MLS ID

260007535SD

This property is in San Diego (92109). View neighborhood stats →

Virtual Tour

About This Property

Huge Price Reductions!!! Location! Location! Location! This unique Ocean Front Walk residence is ON THE SAND and steps from the boardwalk and ocean! This property features travertine & wood flooring throughout, a gourmet kitchen w/ Chef's appliances, farm sink, Caesarstone countertops & a wet-bar. There's also plenty of areas to enjoy the outdoors from the privacy of your home w/ a large patio area equipped with a BBQ & firepit and ocean views from the expansive deck of the 2nd level has 3 bedrooms all with ensuite baths AND the top floor master retreat with his and her walk in closet, huge double shower and dual work station area as well! Home can also be located with 2636-38 Ocean Front Walk. This amazing home is just a couple houses off the turn of the boardwalk providing wonderful privacy for the nosey looks for boardwalkers and riders. Home features 4 bedrooms all with en-suite baths plus a full bath on the ground floor with outside access door if coming off the beach. Great kitchen with new French door refrigerator and oven plus gas cooktop. second storage refrigerator in the garage. Garage has two extra long bays for 4 medium size cars or 2 suburban's. Home features a elevator from the garage to the second floor to the 3rd floor being the entire master bedroom, bath and dual office area. 2rd floor has 3 bedrooms, laundry room, sitting area and a desk work station. Beachfront balcony on 2nd and 3rd floor and 3rd floor has a east side balcony with electrical and water for a spa/jacuzzi. Fall 2024 both HVAC where upgraded and replaced. Home has two new 11/2025 tankless water heaters. South side of home has a hot/cold outdoor shower for beach rinse offs. Patio has gas bbq and propane gas firepit. The 2nd level living area has been converted into a 4th bedroom with ensuite bath it enjoys the same views of the 2nd floor deck. The master bedroom is on the entire top floor, taking full advantage of the views! In addition, this property also includes 4 garaged parking spaces (2 side-by-side 2 car tandem spaces) with epoxy flooring, an elevator, wet-bar and open den area perfect for an office space.

Mortgage Calculator

Est. Monthly Payment

$31,735

Principal & Interest$25,278
Property Tax$4,999
Insurance$1,458
%($999,800)
%

Location

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Investment Score

0D
Est. Monthly Rent
$7,742
Monthly Cashflow

Rent − PITIA

$-23,993
Full Cashflow

Incl. vacancy, PM, maint, capex

$-29,939

Mortgage (P+I)
$25,278
Cap Rate
-1.12%
Cash-on-Cash
-35.93%
DSCR

Need ≥ 1.25 for DSCR loan

0.24
Break-even Rent
$46,624

NOI (Annual)
$-55,938
Price-to-Rent

Lower = better for investors

53.8

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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